On a Bank Reconciliation, Which of the Following Would Be

question 45

Multiple Choice

On a bank reconciliation, which of the following would be deducted from the balance per bank?

• A) outstanding cheques
• B) deposits in transit
• C) electronic payment by a customer on account
• D) bank service charges

Understand the treatment of intra-group rentals in consolidated financial statements, including the impact on tax expenses and deferred tax liabilities or assets.

Understand the Capital Asset Pricing Model (CAPM) and its assumptions.

Calculate appropriate hurdle rates using CAPM for capital budgeting decisions.

Understand the concept of beta and its relevance in measuring stock risk.

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Definitions:

Failure Record

Documentation of instances where a system or component did not perform as expected.

DTC

Diagnostic Trouble Codes, which are codes stored by a vehicle's onboard diagnostics (OBD) system to alert users to various issues or malfunctions within the vehicle.

SAE J2012

A standardized diagnostic trouble code (DTC) set by the Society of Automotive Engineers (SAE) for reporting vehicle malfunctions.

Alphanumeric

Consisting of or using both letters and numerals, commonly used to describe codes, serial numbers, and passwords.